Management Innovations Such as Total Quality,benchmarking,and Business Process Reengineering Cannot

question 32

Multiple Choice

Management innovations such as total quality,benchmarking,and business process reengineering cannot lead to sustainable competitive advantage because

• A) companies that have implemented these techniques have lost money.
• B) there is no proof that these techniques work.
• C) they cost too much money and effort to implement.
• D) every company is trying to implement them.

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Definitions:

Maximum

The largest value in a given set of numbers or data points.

Range

The difference between the highest and lowest values in a dataset, offering a simple measure of data spread.

Variance

A measure of the dispersion of a set of data points around their mean, indicating how widely the data values are spread out.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.